Last week I surveyed global equity exchange traded funds (ETFs) offered by local asset managers to South African investors. These so-called “feeder” funds track a global equity index but are denominated in rands, which means that your returns are a function of both the performance of the underlying assets and the rand-dollar exchange rate.
This week I focus on a subset of global equity ETFs – those that invest in socially responsible companies that score highly on environmental, social and governance (ESG) factors. I have in mind